Latest News- Efuse Market: Auto-retry is expected to lead the Type segment during 2025-2029

The Efuse Market is being driven by Growth in consumer electronics and wearables

The Efuse Market is expected to grow at a CAGR of 4.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 159.7 million. The global eFuse market is experiencing a significant shift towards advanced product innovations, catering to the increasing demands of high-performance electronic systems. Recent market entrants exhibit a strategic focus on enhancing current handling capabilities, expediting fault response times, and supporting compact system designs in various application sectors. On July 25, 2024, Nexperia announced the launch of the NPS3102A and NPS3102B high-current electronic fuses, featuring a low on-resistance of 17 milliohms and supporting continuous currents of up to 13.5 amperes. These devices, specifically engineered for 12-volt hot-swap applications, demonstrate suitability for data centers, 5G infrastructure, and industrial automation systems. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Auto-retry
  • Latch-off
• Application
  • Solid-state drives
  • Servers and data center equipment
  • Automotive electronics
  • Hard disk drives
  • Others
• End-user
  • Automotive and transportation
  • IT and telecommunication
  • Consumer electronics
  • Aerospace and defense
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growth in consumer electronics and wearables
• Expansion of data centers and cloud infrastructure
• Surge in electric vehicles and automotive electronics

However, the market also witnesses some limitations, which are as follows:

• Regulatory compliance
• Thermal management issues
• Competition from alternative protection devices

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Market Scope in Efuse Market Research Report

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Research Analysis Overview

Efuse Market encompasses advanced fuse material science and electrical network design, incorporating arc suppression techniques and power semiconductor protection. Safety interlock systems, energy harvesting circuits, and electrical insulation testing are integral components, alongside transient voltage suppression and fault location identification. Circuit breaker coordination, fuse replacement procedures, and power system monitoring are essential for electrical wiring diagrams and circuit design guidelines. Short-circuit and ground fault protection, fuse sizing calculations, and industrial safety regulations ensure equipment protection and power quality improvement. High-power fuse applications employ low-resistance fuse elements and integrated circuit protection, while transient voltage and electrical shock prevention are key considerations.

Market Research Overview

The Efuse Market is a significant segment within the expansive global electrical components and equipment market. This market encompasses organizations involved in the production of electric cables and wires, electrical components, and electrical equipment. According to Technavio, the market size is determined by the consolidated revenue generated by manufacturers of various sub-categories, including water heaters and accessories, motors, motor control, encoder and amplifier, automation solutions, electrical distribution and protection equipment, small generators, wire and cable accessories, power supplies and conditioners, sensors, meters and indicators, recorders and loggers, process safety systems, instrumentation, test and measurement equipment, switches, transmitters and receivers, HVAC, and safety components. Furthermore, the market includes revenue from the rental and leasing of electrical components and equipment to industrial, commercial, and residential consumers. In the realm of electrical safety and overcurrent protection, fuse technology advancements play a pivotal role in circuit protection systems. These devices are essential for safeguarding electrical circuits against potential damage from overcurrent situations, ensuring electrical safety standards are met.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/